Clean Fuel
Two LNG Tankers Due at UK South Hook This Week
Two Qatari LNG cargoes have been scheduled for delivery this week to the UK’s South Hook LNG terminal. The 266,000 cbm Rasheeda is expected to arrive at the South Hook terminal on April 3, while the 266,000 cbm Mozah is due to arrive at the terminal on April 6, according to the Milford Haven Port [&
Top News of The Week March 24-29, 2014
Shell Awards Onshore LNG Portfolio Contract to KBR KBR has been awarded an onshore liquefied natural gas portfolio contract by Shell Global Solutions International. Canada Approves Four LNG Export Licences Greg Rickford, Canada’s Minister of Natural Resources, announced the Government of Canada’s ap
GTT Upgrades Its Membrane Technologies
At its 4th Innovation & Technology seminar, held on March 28th at the end of Gastech, the gas technology conference and exhibition held in Seoul, Korea, GTT presented the new Mark V & NO 96 Max systems and a new training center, expanding the group’s range of services for the LNG transportation and
Golar LNG Partners Finalizes FSRU Acquisition
Golar LNG Partners said that it has completed its acquisition of the company that owns and operates the FSRU Golar Igloo from Golar LNG Limited for a purchase price of approximately $310 million. The company financed the purchase price by the assumption of outstanding debt obligations in respect of
Eniram Unveils Vessel Performance Manager for LNG Carriers
Eniram Limited, the fast-growing Finnish provider of energy management technology and data analytic services to the shipping industry, announced at Gastech 2014, the world’s largest LPG, LNG and natural gas event, another advanced fuel-saving product based on the established Eniram vessel platform.
GLE Releases European Small-Scale LNG Map
LNG as fuel in maritime and road transport and energy solution in off-grid destinations is gathering ground throughout Europe. The GLE small-scale LNG map launched today for the first time provides the LNG industry with an overview of the available, planned and announced small-scale LNG infrastructu
Woodside: Leviathan Deal Delayed
LNG Player Woodside and the Leviathan joint venturers (Noble Energy, Delek, Avner Oil and Ratio Oil) failed to execute a definitive agreement by the target date of 27 March. “Discussions continue with the parties and the Israeli Government with a view to resolving the remaining issues and executing
Enagas Completes EUR 750 Million Bond Issue
Enagás of Spain placed €750 million of bonds on the market. This issue of eighth-year bonds bears an annual coupon of 2.50% and a price of 99.707. Enagás has exploited an existing window of opportunity in the market. Final demand for the issue, which was completed in 2 hours, was more than €4,500 mi
Eni to Sell 7 Pct Stake in Galp
Eni said that it has started, through an accelerated bookbuilding procedure, the sale of 58,051,000 ordinary shares corresponding to approximately 7% of the share capital of Galp Energia, in respect of which Amorim Energia (AEBV) has not exercised its right of first refusal under the agreement previ
Gazprom Extends SPA with Siemens
Gazprom’s CEO, Alexey Miller and Joe Kaeser, President and CEO of Siemens held a meeting on Thursday in Moscow where they discussed the current state and development prospects for the partnership between the companies. It was pointed out that for more than 20 years of the cooperation the companies h
ABB Secures Yamal LNG Tanker Contract
ABB said it has won an order to supply power and propulsion equipment for the first of 16 LNG tankers which will serve Russia’s Yamal LNG project. The contract has an additional option for the supply of equipment for another 15 vessels. The scope of supply by ABB will include generators, switchboard
GDF SUEZ, Beijing Enterprise Group to Develop Energy Projects in China
On the occasion of the visit of a high Chinese delegation to France, Gérard Mestrallet, Chairman and CEO of GDF SUEZ, signed a cooperation agreement with Wang Dong, Chairman and CEO of Beijing Enterprise Group, to develop natural gas and energy efficiency projects in China. Chinese and French Presid
PIRA: Tensions Surrounding Crimea Have Very Little to Do with LNG Market Directly
PIRA Energy Group believes that tensions surrounding the changing status of Crimea have very little to do with the LNG market directly. In the U.S., there was a modest storage draw for the reference week. In Europe, weather-related losses in March are looking sizable once again. Tensions surrounding
LNGEurope: Truck to Ship Bunkering (VIDEO)
LNGEurope recently supplied LNG to the world’s first LNG powered tug, the Borgoy of Buksér og Berging AS. https://www.youtube.com/watch?v=canFl-wYMv8 Operations were performed at the port of Zeebrugge. This ‘Truck to Ship’ bunkering of LNG was the first time a seagoing vessel was bunkered at the Fle